Rocket Lab USA Inc (RKLB) concluded trading on Wednesday at a closing price of $4.85, with 4.89 million shares of worth about $23.72 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -33.20% during that period and on Wednesday, January 31 the price saw a loss of about -2.61%. Currently the company’s common shares owned by public are about 475.36M shares, out of which, 294.30M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 23 times over the past 12 months. They bought 435,297 shares in 10 of the transactions. In 13 selling transactions, insiders dumped 4,136,719 shares.
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Stock saw a price change of -3.58% in past 5 days and over the past one month there was a price change of -12.30%. Year-to-date (YTD), RKLB shares are showing a performance of -12.30% which decreased to -0.61% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.62 but also hit the highest price of $8.05 during that period. The average intraday trading volume for Rocket Lab USA Inc shares is 6.05 million. The stock is currently trading -5.46% below its 20-day simple moving average (SMA20), while that difference is down -0.29% for SMA50 and it goes to -5.21% lower than SMA200.
Rocket Lab USA Inc (NASDAQ: RKLB) currently have 475.36M outstanding shares and institutions hold larger chunk of about 30.75% of that.
The stock has a current market capitalization of $2.36B and its 3Y-monthly beta is at 1.23. It has posted earnings per share of -$0.35 in the same period. It has Quick Ratio of 1.33 while making debt-to-equity ratio of 0.28. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RKLB, volatility over the week remained 4.98% while standing at 5.02% over the month.
For the current quarter EPS, analysts have given the company a lowest target $RGLB which is $ROCKELLE CORP at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $RKLBW in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 18.23% while it is estimated to decrease by -5.97% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by KeyBanc Capital Markets on January 17, 2024 offering an Overweight rating for the stock and assigned a target price of $8 to it.
